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Inflation fight fears
Asian markets: Asian stocks have had a rough week. Excluding Japan, markets have fallen by 7 per cent. The decline is both bad and good news for governments and central bankers.

Software fastest growing sector in 2009: Deloitte
Software companies continued to constitute the fastest growing firms in the Deloitte Technology Fast 50 India 2009 programme. This year, the composition of software companies amounted to as much as 80 per cent.

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India cautions against hasty withdrawal of stimulus packages
India has cautioned against immediate withdrawal of stimulus packages by the governments as it may lead to "collapse" of the world economy.
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Sensex ends up 520pts

The Sensex finally ended (provisional) at 15,540, up 520 points. - Sensex extends gains - Unitech leads volume chart on the BSE, NSE - Sensex firm; ICICI Bank rallies 5% - L&T gains on Rs 4,000cr deal with Jaypee Group - Sensex firm, up 355pts - PSL zooms 13% on bagging Rs 500 cr order The NSE Nifty finally ended (provisional) at 4,612, up 155 points. _____________________________________________________ (Updated at 1517hrs) The Sensex zoomed to a high of 15,521 following strong buying in the realty stocks. The index is now at 15,499, up 479 points. The BSE Realty index has rallied 6.71 per cent. Metal, Bankex, auto and capital goods indices are up 4-5% each. DLF soared 7% to Rs 399. ICICI Bank and Maruti advanced over 6% each to Rs 755 and Rs 1,371, respectively. SBI, Hero Honda, Tata Motors, Tata Steel, Sterlite and Jaiprakash Associates have added over 4.5% each. The market breadth remains extremely positive, out of 2,761 shares traded, 2,173 advanced and 528 have declined so far on the BSE. The NSE Nifty is at 4,600, up 144 points.


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